agernant
Level 2
01-29-2021
03:09 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Has anyone else noticed that the Form 2555 is not calculating the foreign earned income exclusion and housing deduction correctly? Has there been any guidance on when these issues will be resolved?
Thanks!
Labels
itonewbie
Level 15
01-29-2021
04:03 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Can you be more specific about what on the F.2555 is not being calculated correctly?
---------------------------------------------------------------------------------
Still an AllStar
Still an AllStar
agernant
Level 2
01-29-2021
04:04 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Foreign earned income exclusion and housing deduction amounts are not updated for tax year 2020
itonewbie
Level 15
01-29-2021
04:07 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Someone already noted that recently. Also, are you using ProSeries or ProConnect Tax Online? Your last question was about F.5471 in PS.
---------------------------------------------------------------------------------
Still an AllStar
Still an AllStar
agernant
Level 2
01-31-2021
02:27 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I did not see that comment and I am using Proseries so yes, I posted to the wrong group
